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Technology Stocks : CheckFree Holdings Corp. (CKFR), the next Dell, Intel? -- Ignore unavailable to you. Want to Upgrade?

To: noiserider who wrote (12706)	12/13/1999 8:17:00 PM
From: TLindt	Read Replies (1) \| Respond to of 20297

>>>What's gonna happen when CKFR announces modest revenue and subscriber growth in January? What's going to happen now that Sun and Netscape are on their ass? What will happen IMO is this...CKFR will go up like NTBK for e-unique distribution...then "folks" will talk multiple physical & e-distribution...aka the branch as being a must. SUMMIT BANCORP SET TO JOIN ELECTRONIC BILLING CONSORTIUM -------------------------------------------------------------------------------- Story Filed: Friday, December 10, 1999 12:16 PM EST PRINCETON, N.J., Dec 10, 1999 /PRNewswire via COMTEX/ -- Summit Bancorp (NYSE: SUB) has signed a letter of intent to participate in Spectrum, L.L.C., an independent company formed to fill a significant gap in the electronic bill presentment market. Summit's participation will give it the capability to route electronic bills through a single connection to other participants. "Summit's participation with Spectrum is an evolutionary step into electronic commerce and the Internet community," said Summit Service Corp. President and CEO Alan Posencheg. "This cutting-edge technology will provide our customers with another channel to conduct business. By allowing customers to present and receive bills electronically through the bank, Spectrum will give customers the convenience they want and enhance Summit's existing online banking services." Spectrum, L.L.C. was formed in October by Chase, First Union and Wells Fargo to facilitate the exchange of electronic bills. By bringing together a critical mass of consumers and billers, as well as promoting interoperable standards, Spectrum will accelerate the adoption of electronic bill presentment and fuel market growth. In addition to Summit, new participants include: Michigan National, Comerica, First Tennessee, HSBC USA Inc., Mellon Financial Corp., M&I Marshall & Ilsley Bank, and Wachovia Corp. Summit Bancorp (NYSE: SUB) is a $36 billion regional bank holding company headquartered in Princeton. Through its banking subsidiaries, Summit operates nearly 500 traditional and in-store branches in New Jersey, eastern Pennsylvania and Connecticut and an extensive network of ATMs. The company provides financial services to individuals, businesses, not-for-profit organizations, government entities and other financial institutions through its commercial and retail banking and private bank lines of business. For more information about Summit, please visit the company website at www.summitbank.com. SOURCE Summit Bancorp (C) 1999 PR Newswire. All rights reserved. prnewswire.com CONTACT: Richard L. Marulanda, Corporate Communications of Summit Bancorp, 609-520-6467 WEB PAGE: summitbank.com GEOGRAPHY: New Jersey Pennsylvania Connecticut INDUSTRY CODE: FIN MLM Copyright © 1999, PR Newswire, all rights reserved. library.northernlight.com BIMONTTDHINY have seen the light they will play it for what they can play it for, and skin the sheep...vs shearing them.